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Endogenous Corporate Leverage Response to a Safer Macro Environment: The Case of Foreign Exchange Reserve Accumulation

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NBER2019-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w26545
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资源简介:
A country may adopt policy measures such as raising its foreign exchange reserves to better prepare for foreign interest rate shocks or sudden reversal of international capital flows, which in principle should reduce financial vulnerability for its firms and the entire economy, but the beneficial
提供机构:
美国国家经济研究局
创建时间:
2019-12-01
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